85 Shares in TopBuild Corp. (NYSE:BLD) Purchased by Winch Advisory Services LLC

Winch Advisory Services LLC purchased a new position in shares of TopBuild Corp. (NYSE:BLD) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 85 shares of the construction company’s stock, valued at approximately $26,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. TFG Advisers LLC raised its position in shares of TopBuild by 1.1% during the third quarter. TFG Advisers LLC now owns 2,975 shares of the construction company’s stock worth $1,210,000 after purchasing an additional 31 shares during the period. CIBC Asset Management Inc increased its stake in TopBuild by 3.6% during the 3rd quarter. CIBC Asset Management Inc now owns 919 shares of the construction company’s stock worth $374,000 after purchasing an additional 32 shares in the last quarter. Sheaff Brock Investment Advisors LLC raised its holdings in TopBuild by 0.6% during the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 5,360 shares of the construction company’s stock worth $2,181,000 after buying an additional 33 shares during the period. CWM LLC lifted its stake in TopBuild by 10.3% in the third quarter. CWM LLC now owns 387 shares of the construction company’s stock valued at $157,000 after buying an additional 36 shares in the last quarter. Finally, Atlanta Consulting Group Advisors LLC lifted its stake in TopBuild by 1.5% in the third quarter. Atlanta Consulting Group Advisors LLC now owns 2,699 shares of the construction company’s stock valued at $1,098,000 after buying an additional 39 shares in the last quarter. 95.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Seaport Res Ptn cut shares of TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. DA Davidson cut their price target on TopBuild from $460.00 to $450.00 and set a “buy” rating on the stock in a report on Thursday, November 7th. Evercore ISI cut TopBuild from an “outperform” rating to an “inline” rating and reduced their price objective for the stock from $443.00 to $381.00 in a research report on Monday, December 16th. StockNews.com upgraded TopBuild from a “hold” rating to a “buy” rating in a research note on Tuesday, October 29th. Finally, The Goldman Sachs Group reduced their price target on TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research report on Tuesday. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, TopBuild has an average rating of “Moderate Buy” and a consensus target price of $437.00.

TopBuild Trading Up 3.3 %

Shares of TopBuild stock opened at $344.10 on Thursday. The stock has a market cap of $10.15 billion, a P/E ratio of 17.36, a P/E/G ratio of 2.31 and a beta of 1.84. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64. The business’s 50 day moving average is $346.81 and its 200-day moving average is $379.53. TopBuild Corp. has a 12-month low of $302.70 and a 12-month high of $495.68.

TopBuild (NYSE:BLD) last released its quarterly earnings data on Tuesday, November 5th. The construction company reported $5.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.62 by $0.06. TopBuild had a return on equity of 26.40% and a net margin of 11.66%. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the prior year, the company earned $5.43 earnings per share. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. Equities research analysts predict that TopBuild Corp. will post 20.95 earnings per share for the current fiscal year.

About TopBuild

TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material products to the construction industry. The company operates in two segments, Installation and Specialty Distribution. It provides insulation products and accessories, glass and windows, rain gutters, garage doors, fireplaces, roofing materials, closet shelving, and other products.